MI SB1081

Adds exemption from use tax for sales of marijuana and marijuana-derived products that bear the universal symbol and label required under the Medical Marihuana Facilities Licensing Act (2016 PA 281) and the Marihuana Tracking Act (2016 PA 282).

Removes obsolete date reference "after December 31, 1994" from provisions calculating use tax on vending machine sales of mixed taxable and exempt food items.

Maintains existing exemptions for prescription drugs, over-the-counter drugs labeled per federal requirements, food and food ingredients (excluding prepared food), beverage container deposits, food stamp purchases, seed/plant purchases, and live animals for slaughter.

Defines "prepared food" as heated food, mixed food ingredients, or food sold with eating utensils, excluding unheated items sold by weight/volume, bakery items without utensils, and raw foods requiring consumer cooking per FDA food code.

Takes effect 90 days after enactment.